Row of houses

The impact of rising mortgages explained

Published on 21 June 2023

On Thursday, the Bank of England will decide whether to increase the base rate once again. How will this impact households' finances?

    Authors

    Tom Waters headshot
    Tom Waters

    Associate Director

    Tom is an Associate Director at the IFS and Head of the Income, Work and Welfare sector.

    Explainer details

    DOI
    10.1920/ex.ifs.2023.0009
    Publisher
    Institute for Fiscal Studies

    Suggested citation

    Waters, T. (2023). The impact of rising mortgages explained [Explainer] Institute for Fiscal Studies. Available at: https://ifs.org.uk/articles/impact-rising-mortgages-explained (accessed: 28 October 2026).

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